High debt load grounds Bombardier Inc.

High debt load grounds Bombardier Inc.

COVID-19 sharply reduced global deliveries of new business jets. That’s starting to change as the economy recovers and as private air travel demand is expected to rise.

Still, a recovery to pre-COVID-19 sales levels will take several years.

BOMBARDIER INC. (Toronto symbols BBD.A and BBD.B; www.bombardier.com) now… Read More

High debt load still a big risk factor

BOMBARDIER INC. remains a hold for aggressive investors. The company (Toronto symbols BBD.A $0.44 and BBD.B $0.295; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s: 2.4 billion; Market cap: $744 million; Price-to-sales ratio: 0.05; Divd. suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) delivered… Read More

These fallen stars are still worth holding

These two former stock market darlings from the 1990s continue to shrink their operations as they focus on their more-promising businesses. That puts them in a better position to survive COVID-19 disruptions. Still, investors will need to be patient: their short-term prospects remain weak.